About your Search

20121211
20121211
Search Results 0 to 12 of about 13 (some duplicates have been removed)
, the value offthe dollar held steadier, and it looks at this point as if u.s. exporters are doing a little better and u.s. producers are driving out some of our imports so that was good news, more economic growth. tracy: hard to tell, though, because everything's overshadowed by the fiscal cliff. do you worry, like, inflation is going to come and bite us in the butt one of these days? i mean, there's a lot of money out there. >> well, i watch that very, very carefully, and i don't think that's an immediate risk. in regard to the fiscal cliff, i think the right thing to do is to let the tax rates go up across the board, just like they agreed to do. i think we ought to have middle income americans as well as high income americans having a reduction of those tax rate cuts we saw. tracy: take more from my paycheck, let the fed put money into the system. does it make sense at the end of the day? shouldn't i keep my money, get out there and spend it and let the fed keep theirs? >> well, that's, you got a good point, and i agree that instability and monetary policy is not very effective, and so i
spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50 million deal to pitch its products. can she really make you stop drinking coke though? i say pepsi just got hosed. but a top marketing expert is here to disagree with me. even when they say it's not it is always about money melissa: firss, let's look at the day's market headlines of the leave it to congress to suck the air out of a good thing. stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed down 78 points. even dollar stores are having trouble making money today. dollar general shares got hammered. they warned of sluggish growth ahead and margins that would likely remain flat. >>> urban outfitters is mailing holiday catalogs filled with f-
headlock on the u.s. market and about a million and a half members. since the late 70s yet had an influx of competition. some from japan. many in cars being built in america in nonunion states by nonunion american workers. ever since that time consumers have voted for the competitors products. as long as you have a competitive that isn't all that much you have to do to raise costs for businesses. lori: it all sounds great and makes perfect sense, but you look at the pictures we see right now in the capital, union members serious about losing the right to work status. you wonder that volatility could have a ripple effect ultimately interceding the economy. >> probably not. a majority support this move by 10 to 15-point margin. we just had a ballot initiative in michigan to prevent the legislature from passing this exact kind of law. they defeated it by 15-point margin. the polls and election results show most michigan voters support what is going on. lori: thank you for your time and your analysis on this union issue. one i think we'l will stick arod for a while. melissa: breaking news no
wonder who they would fire first. dagen: thank you so much. the u.s. economy may be improving. small business owners are not optimistic. new numbers on that that we will talk about. connell: congratulations taxpayers, you no longer own aig. we look at the key markets today. that would be treasuries. ♪ [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly da ok. [ male announcer ] now all youeed is aagic carriage. citi price rewind. start saving at citi.com/pricerewind. >> i have your fox business brief. the u.s. trade deficit widened nearly 5% in october. imports fell to their lowest level since april of last year. the trade gap with china did hit an all-time high. will fred industries is the latest offering special one-time payments. the company is boosti
. the only have 2 days separate in the u.s. for more than $500 billion in x hikes. while both sides say the lines of communicationre open. getting a deal to avert the fiscalliff, president made it ry clear he is holding the line on hiking taxes on the top 2% of earners. customizing a little bit with republicans. ining us, ter barnes. what exactly ihe willing to compromise on? >> on the big item, the big kahuna. increasingaxes on families earning more than $2,000 per year story leaving the door open to a compromise on higher tax rates, higher rates. when anas repea ask repeatedly s demanding thtop tes return to the clinton administration in and the top rate was 39.6, he does not say yes, have to have that to get a deal. but hes not backing f his demandrates up by some amount of wealthier falies so the buzz is he might settle or comprose forometng in between like 37%. there is speculation the prident might compromisen the cut off my degreand a higher threshold by 500,000 per year befe higher rates wouldld kick in. in a speech in detroit the presidt extended a little olive branch republan
trading sessions. crude closing the day up 23 cents a barrel at $85.79. u.s. small business sentiment plunging in november to the lowest level in nearly three years. national federation of independent businesses saying the index fell more than five points last month to 87.5, and 37% of business owners expect future business conditions to be worse than current conditions. liz: we have larry in the pits the chicago exchange, and no matter what happens, there's going to be a market that slamp slump, and why stocks could rise ten points next year. starting with larry at the c measuring e. you know, nobody's mentioning that the feds started a two-day meeting here. that's not a big issue. europe, though, are we seeing signs of stress again with the concerns about leadership in italy, and problems in greece, and should we pay attention to that than the fiscal cliff discussions? >> well, you know, right now, doesn't seem like the market is paying attention to that right now. it reminds me a lot of september, before the election, when the s&p's rallied. everything was con taped. we were worrie
's the reason we went to the expense of converting it n. if the u.s., we wanted exposure. we have an agreement with warner brothers because of their investment in hobbit and marketing of it that there's a certain period of time we have to play it for so we counterfeit it in here. i heard great things and looking forward to seeing it. liz: great season, coming up, and a great 2013 with star trek and superman, looking forward to it, rich, thank you so much. >> thank you, liz, see you at the movies. liz: you bet. presales better than expected for with the the hobbit," and we are gaining ground here. we'll be right back. ♪ e in hong ko. tdd#: 1-800-345-2550 after that, it's on toermany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-80345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control cause i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their
's shrinking. you know, u.s. consumers had leverage of about 124% at the peak. now it's at about 114 president, and -- 114%, and that's one of the biggest headwinds in terms of just the growth of debt. that's not such a bad thing either. we should think about leverage, consumer leverage, household leverage -- lou: depends on the quality of the leverage. >> depends on the quality of the leverage, and i think the quality of the leverage around 100 is where you want it to be, and i think that's probably where a normal, steady environment should be. lou: so is it your sense that this market, this recovery right now is vulnerable given the fiscal cliff, all of the uncertainties that are -- it seems -- mounting more, the folks in washington talk. >> i'd say that this recovery is fragile. it depends, you know, it's also been very patchy. as i said, it grew from -- it's growing from a very, very low point in the economy, so you're seeing markets like phoenix, detroit, miami kind of clouding some of this information. but i would say that the fiscal cliff discussions are definitely not helping. i think
for a hit against u.s., or hit gain values we told deep, if it is politically correct they are fine, if it is not forget it. neil: so much for that nobel prize for me. >> neither one of us will get it. neil: klein is buying, -- china is buying, this is getting insane. >> we mean it, santa knows, prices are insane! hit my me, t me [ laughter ] neil: those predicts within 50 years china could be premiere financial economic giant, they have moved it to 20 years, and it is getting less and less time as we speak, so within 20 years, china eclipses us as the financial juggernaut of the world, carlos gutierrez, what do you make of that? >> they reduced growth rate to about 5% of out years, they must be making low assumptions about u.s. growth rate, but this is a wake-up call we have to be thinking about the future, for some reason, the report talks about a governnnce gap. i think we have a political crisis that stems from the fact that we can't seem to -- to look forward, we're always solving yesterday's problem or today's crisis, but we have to start looking to the future, we have an imm
against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details when we've got them. the power and might of unions on display today and being tested. you will see huge protests at the state capital building in michigan where right to work legislation will be signed today. that means workers will be able to choose if they want to join the union. they will no longer be compelled to pay dues. here is the president speaking at a daimler factory in michigan yesterday. >> we do everything we can to encourage companies like daimler to keep investing in american workers. and by the way, what we shouldn't do, i just got, what we shouldn't be doing is trying to take away your rights to bargain for better wages. stuart: and take away your rights to bargain. is that what's at stake here? is collective bargaining a right? these are obvious questions, we'll be on it through the program and our camera
. melissa: ty saying this they have more reserves. saudi arabia disputes that. >> talking about u.s. reserves of oil shale in the rockies and they're there and trillions of barrels. insanely expensive to produce. oil intense sieve. yocan count them but stretch to count. melissa: if he dies what happens to o the next day? how nervous are the markets? how big of a dealis this? >> that's a good question. i tnk the marketsould b reonably nervous and i tend not to think that way. melissa: yeah. you're very calm g about this stuff. >> he i am but -- but i do think that given that. pede investment as is hold by spit and bailing wire and. on other hand people who will be most cared are chinese get half a million barrels a dayfor loans of the cubs get it essentially for free. they have to be really worrd. i always thought the venezuelan output was always hanging by a thread and even death in short term of mr. chavez wouldn't fix that. melissa: it will be fascinating to watch. wow! john kinton, thanks as always. terrific. >>> time for today's fuel gauge report. oil prices fl for the fifth str
Search Results 0 to 12 of about 13 (some duplicates have been removed)

Terms of Use (10 Mar 2001)